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FBP First Bancorp PE ratio, current and historical analysis

The PE ratio for First Bancorp stock stands at 9.99 as of Jun 20, 2024. This is based on the current EPS of $1.77 and the stock price of $17.69 per share. An increase of 13% has been seen in the P/E ratio compared to the average of 8.8 of the last 4 quarters.

FBP PE ratio history

How has FBP's PE ratio performed in the past

Over the last ten years, the average PE ratio of First Bancorp has been 12.39. The current 9.99 PE ratio is 19% below the historical average. Over the past ten years, FBP's PE ratio was at its highest in the Dec 2015 quarter at 32.5, with a price of $3.25 and an EPS of $0.1. The Sep 2015 quarter recorded the bottom point at 2.2, with a price of $3.56 and an EPS of $1.62.

Average
12.39
Median
11.62
Minimum
2.2
Maximum
32.5

First Bancorp PE ratio by year

Maximum annual increase: 945.02% in 2015

Maximum annual decrease: -53.78% in 2016

Year PE ratio Change
2023 9.56 20.25%
2022 7.95 -23.85%
2021 10.44 -47.9%
2020 20.04 43.86%
2019 13.93 48.98%
2018 9.35 -45%
2017 17 13.18%
2016 15.02 -53.78%
2015 32.5 945.02%
2014 3.11 N/A

FBP average PE ratio chart

What is the average PE ratio of FBP for the past years

FBP's current P/E ratio is above the 3-year historical average, but it is below the 5 and 10-year averages.

3-year avg
9.22
5-year avg
10.75
10-year avg
12.39
15-year avg
11.78

FBP PE vs peers

What is FBP's PE ratio compared to its peers

FBP's PE ratio is lower than its peer stocks BPOP and NWBI, but it is greater than FCNCA's and OFG's. First Bancorp's current PE ratio of 9.99 is below the average of its peers, which is 10.44.

Stock name PE ratio Market cap
FCNCA First Citizens Bancshares Inc 9.17 $24.01B
OFG Ofg Bancorp 9.37 $1.73B
FBP First Bancorp 9.99 $2.94B
NWBI Northwest Bancshares Inc 10.58 $1.39B
BPOP Popular Inc 12.62 $6.15B

Frequently asked questions

What is First Bancorp's PE ratio?

The price to earnings ratio for FBP stock as of Jun 20, 2024, stands at 9.99.

What is the 3-year average PE ratio for First Bancorp (FBP)?

Over the last 3 years, the average price to earnings ratio for FBP stock is 9.22.

What is the 5-year average PE ratio for First Bancorp (FBP)?

Over the last 5 years, the average price to earnings ratio for FBP stock is 10.75.

What is the highest PE ratio for FBP?

The highest quarterly PE ratio in the last ten years has been 32.5 and it was in the Dec 2015 quarter.

How does the current PE ratio for FBP compare to its historical average?

FBP's current price to earnings ratio is 19% below its 10-year historical average.

Why is First Bancorp's PE ratio so low?

FBP's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.

How is FBP's PE ratio calculated (First Bancorp PE ratio formula)?

The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jun 20, 2024), First Bancorp's stock price is $17.69. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.77. Therefore, First Bancorp's P/E ratio for today is 9.99. PE RATIO(9.99) = STOCK PRICE($17.69) / TTM EPS($1.77)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.